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Expert Analysis

Trading Inside Information With 'Friends' Post-Newman

Law360, New York (April 23, 2015, 10:53 AM EDT) -- In unsuccessfully seeking rehearing in United States v. Newman, 773 F.3d 438 (2d Cir. 2014), reh'g denied, Nos. 13-1837, 13-1917 (2d Cir. Apr. 3, 2015), the government acknowledged that the Second Circuit's recent decision in Newman "will dramatically limit the government's ability to prosecute some of the most common, culpable, and market-threatening forms of insider trading," and "arguably represents one of the most significant developments in insider trading law in a generation."[1]...

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